Manama: Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has announced its role as the agent bank for a BD 250 million syndicated financing arrangement formalised in collaboration with Eskan Bank and a consortium of national, regional, and international banks and financial institutions. The agreement seeks to provide a range of housing finance services to citizens in line with the government’s 2023–2026 roadmap.
“We are proud to be part of this important initiative as the agent bank for the syndicated facility. Our involvement reinforces our commitment to empowering citizens by facilitating access to housing services that meet their needs. It also reflects our ongoing efforts to enhance the Bank’s role in supporting the Kingdom’s sustainable development agenda, under our visionary leadership,” Fatema AlAlawi, Chief Executive Officer of BisB, said.
The BD 250 million joint financing agreement aligns with national efforts to enrich public-private partnerships aimed at delivering quality housing to citizens. It stems from the directives of the Ministry of Housing and Urban Planning and Eskan Bank and contributes to the implementation of the State Budget 2025–2026 as well as the objectives of the Government Plan 2023–2026.
